Tag: Compensation

The anesthesia staffing crisis: How we got here, what hospitals can do

Takeaways • Documentation and coding procedures are rife with opportunity for cost savings. • Passed in 2022, the No Surprises Act is designed to protect insured patients from surprise billing for emergency services from out-of-network providers. However, the result has been nearly 40% cuts in reimbursements to anesthesiologists. • OR…

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By: Brita Belli
November 20, 2024
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Perianesthesia certification protects patients, promotes retention

Although certification can be a career accelerator for any nurse, perioperative nurses in particular appear to be getting the message. Consider the most recent data from the American Board of Perianesthesia Nursing Certification, Inc (ABPANC), which offers the Magnet-recognized Certified Postanesthesia Nurse (CPAN) and Certified Ambulatory Perianesthesia Nurse (CAPA) credentials.…

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By: Judy Huntley, CMP
November 20, 2024
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Survey: Pay increases continue for healthcare executives

Editor's Note Base salaries for healthcare executives rose by a median of 4.6%, according to the 2024 Health Care Management and Executive Compensation Survey from consulting firm SullivanCotter. Published October 17 on Business Wire, the survey includes data from nearly 3,300 organizations and 45,000 leaders. According to an October 17…

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By: Matt Danford
October 23, 2024
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Study: High-paying medical specialty disparity persists as more women pursue surgical professions

JAMA (healthcare publication) Network logo

Editor's Note Although women are underrepresented in high-compensation medical specialties, new research shows a significant increase in female applicants and matriculants to surgical specialties specifically. Published September 30 in JAMA Network, the study found that the proportion of women entering high-compensation surgical specialties rose from 28.8% to 42.4%. In contrast,…

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By: Matt Danford
October 18, 2024
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Port strike could cause severe healthcare supply shortages, AORN warns

Editor's Note A joint communication from AORN and the Association of Healthcare Value Analysis Professionals (AHVAP, a strategic partner of AORN) provides advice and resources for affiliated healthcare professionals who could be impacted by the recent strike by port workers across major US shipping ports. Issued September 30, the statement…

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By: Matt Danford
October 1, 2024
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Survey: Job satisfaction, earnings trend positive

Data and surveys

Takeaways • OR leaders’ satisfaction with many work factors has increased significantly. • Financial compensation has improved slightly for many leaders. • OR leaders supervise more full-time equivalent (FTE) employees than last year. OR leaders are more satisfied in their work compared to a year ago, and their earnings have…

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By: Cynthia Saver, MS, RN
September 25, 2024
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Survey: Satisfaction up, compensation stable for ASC leaders

Data and surveys

ASC leaders’ satisfaction has increased significantly compared to a year ago, according to the 2024 OR Manager Salary/Career Survey. In all, 81% of respondents were satisfied with their current job/position, up from 70% in 2023, and 27% reported being “completely satisfied,” compared to 17% last year. In fact, the favorable…

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By: Cynthia Saver, MS, RN
September 25, 2024
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Hospital wage inflation slows

Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…

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By: Matt Danford
September 9, 2024
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High RN, higher travel RN pay reflect post-pandemic demand

Editor's Note Heightened demand has made nursing lucrative relative to other professions, especially since the COVID-19 pandemic, according to a May 9 report from healthcare job marketplace Vivian Health. Based on the firm’s proprietary salary data as well as information from the Bureau of labor Statistics, Vivian estimates registered nurses…

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By: Matt Danford
July 19, 2024
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Nurse practitioner earnings rise

Editor's Note The average annual wage for nurse practitioners has increased by a total of more than $16,000 since 2019, according to a May 23 report in Becker’s ASC Review. In 2019, the mean annual wage was $111,840, compared to $128,490 in 2023, according to the report, which cites data…

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By: Matt Danford
May 28, 2024
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